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Category: E&P Market News

José Gutman named director-general of ANP

In a twist, the Ministry of Mines and Energy (MME) announced this Saturday (28) that the appointment of Cesário Cecchi as director-general of ANP has no legal basis and that José Gutman must take over the position. The MME officialized the opinion of the attorney of the Union, Márcia Labanca,

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Petrobras goes ultra-deep in the Northeast

Petrobras started a long-term test in the Farfan area, located approximately 70 kilometers from the coast of Sergipe. The purpose of the test is to evaluate the production behavior of the reservoir and the characteristics of its oil. The information collected will support the next steps of the Sergipe Deep-Water

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ANP launches public hearings on Sergipe-Alagoas environmental study

Last week, ANP approved today the public consultation regarding the Environmental Study (EAAS) of the Sergipe-Alagoas offshore sedimentary basin for 90 days, in addition to authorizing the realization of public hearings in Salvador (BA), Maceió (AL), Aracaju (SE) and Recife (PE), with the local community, authorities and other interested parties.  The

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More blocks headed for permanent offer

On Tuesday (4), ANP held a public hearing to debate the new version of the Permanent Offer statute, which aims to improve the regime’s rules and include 173 blocks and one area with marginal accumulations (Juruá in the Solimões Basin). The Permanent Offer is the bidding model in which there is

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Petrobras puts Pará-Maranhão exploration blocks up for sale

Petrobras continues to expand its 2020-2024 divestment plan, adding four exploration and production assets since the start of the year. This time around, it was two exploration blocks in the highly prospective Pará-Maranhão Basin, which displays major similarities to the huge equatorial margin discoveries off the coasts of Guyana and

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ANP Director Decio Oddone submits resignation

***The following is a free translation of the resignation letter submitted by ANP Director Decio Oddone earlier this month*** His Excellencies President of the Republic Jair Bolsonaro and Minister of Mines and Energy Bento Albuquerque, The oil, gas and biofuels industry in Brazil is experiencing a unique moment. In 2016, when I

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Changes on the way for Sépia and Atapu

The government will reduce the value of the signing bonus or decrease the percentage of oil sharing required for the Sépia and Atapu pre-salt oil fields, according to Special Secretary for Finance Waldery Rodrigues. The two fields did not receive offers during the Transfer of Rights mega auction last year.

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